The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
Ethereum/USD has established an extensive bullish movement since the beginning of 2021 during the periods of COVID epidemic.
Since then, Crypto market has been quite bullish on Ethereum with new DAIlY highs being hit every day.
Around 4400, a new Monthly high was achieved. This has turned the market into bearish since then.
Earlier this month, For two successive trials, Ethereum has failed to push below the price level of 1700.
This indicates lack of bearish persistence rendering the short-term outlook as bullish.
On the other hand, Ethereum is currently approaching the price level of 2250 which corresponds to the depicted downtrend line established since June 7th.
Trade Recommendation:
Currently, bullish breakout above 2250 (downtrend) should be considered for BUYING Ethereum against USD.
Initial T/p levels to be located around 2330 and 2600.
*这里的市场分析是为了增加您对市场的了解，而不是给出交易的指示。
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